Common Units definition

Common Units is defined in the Partnership Agreement.

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Common Units means common units representing limited partner interests in the Partnership.

Common Units has the meaning set forth in the LLC Agreement.

Examples of Common Units in a sentence

Contemporaneous with the execution and effectiveness of this Agreement, all of the membership interests in the Company that were issued and outstanding and held by the Members immediately prior to the effectiveness of this Agreement are hereby converted into the Series A Common Units and Series B Common Units, respectively, as set forth on the Unit Ownership Ledger.
Nonrecourse deductions (as determined according to Treasury Regulation Section 1.704-2(b)(1)) for any Taxable Year shall be allocated to each holder of Common Units ratably among such Unitholders based upon their ownership of Common Units.
Upon the cancellation by the Company of the Exchangeable Units exchanged for shares of Class A Common Stock, the Manager shall cause the Company to issue a number of Series A Common Units equal to the Exchanged Unit Amount, registered in the name of Pubco in accordance with Section 2.6 of the Exchange Agreement.
The Company shall have the authority to issue an unlimited number of Series A Common Units and Series B Common Units.
The Company may not issue any additional Series A Common Units or other Equity Securities to Pubco or any of its Subsidiaries except as set forth in Section 3.2(b), Section 3.2(c) or Section 3.2(d).

More Definitions of Common Units

Common Units has the meaning set forth in the recitals.

Common Units means the Class A Units.

Common Units means Units having the rights and obligations of Common Units set forth in the LLC Agreement.

Common Units has the meaning set forth in the recitals of this Agreement.

Common Units has the meaning set forth in Section 3.1(a).

Common Units means each Common Unit consisting of (a) one Share and (b) a Common Warrant to purchase one Common Warrant Share.

Common Units shall have the meaning assigned to it in the Operating Agreement and includes any equity securities issued or issuable directly or indirectly with respect to such Common Units by way of any dividend or split or exchange or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization.